ADANI Green Energy is in talks with a group of foreign lenders to borrow as much as US$1.8 billion, adding to evidence of recovering investor interest in Indian billionaire Gautam Adani’s conglomerate after a short seller’s scathing attack earlier this year. The loan proceeds would be used to build new capacity in solar and wind projects, according to sources familiar with the matter. The banks involved include Barclays, BNP Paribas, Deutsche Bank, First Abu Dhabi Bank, Rabobank and Standard Chartered, said the sources, who asked not to be named because the matter is private. A representative of Adani Group declined to comment. The transaction has not been finished and the terms could still change. But if signed before late December, it would be one of the 20-biggest major currency loans in Asia this year, according to Bloomberg-compiled data. The potential capital raising adds to evidence the conglomerate has at least partially rebuilt investor confidence after being thrown into a tailspin by allegations of malpractice by short-seller Hindenburg Research. That caused some banks to baulk at debt refinancing early this year.  Adani has repeatedly denied the accusations, and in a sign of improved sentiment, the group completed a US$3.5 billion funding package to refinance debt used to purchase Ambuja Cements and ACC. BLOOMBERG